BPWCCUL By-Laws Review 2025 – FINAL VERSION 5 EXISTING BY-LAW PROPOSED CHANGE RATIONALE OBJECTS OBJECTS By-law 4 The objects of the Society shall be: (a) To promote thrift among its members by providing means whereby savings can be effected and shares in the Society can be acquired. (b) To educate its members in co-operative principles and methods and the efficient management of its affairs. (c) To create out of the savings of its members and otherwise, a source of credit available to its members on reasonable terms and conditions; and (d) To pursue business and other activities geared towards the enhancement of the financial, economic and social well-being of its members. (e) To do other acts and things as are incidental or conclusive to or consequential upon the attainment of the above objects. Clauses (a), (b), (d) and (e) remain unchanged. By-law 4(c) To create out of the savings of its members and otherwise, a source of credit available to its members on reasonable terms and conditions. Removal of “and” to ensure a proper flow of the subsections By-law 5 The area of operations of the Society shall be the island of Barbados and such jurisdictions outside Barbados as the Laws of Barbados and that jurisdiction permits. By-law 5: No changes
RkJQdWJsaXNoZXIy MTA2MDM=